The HELOC program is Home Equity Line Of Credit.
Standalone & Piggyback.
Index + Margin. 30 Years term, 10 Yrs I/O Draw Period followed by 20 Years Amortization.
* Index: Prime Mortgage Rate floated with the market.
Margin: Subject to loan scenarios, Margin Min. 1%, Fixed.
Lifetime Max Rate: 18%.
Lifetime Rate Floor: 2.5%.
1. No Prepayment Penalty.
2. No Annual Fee.
3. Primary & Second home are eligible.
4. 1 Unit & Up to 90% HCLTV.
5. Max. Loan Amount $350,000.
6. Min. FICO 680.
Why choose HELOC?
All in all, a HELOC may be a wonderful choice for borrowers at a time when most products’ interest rates are generally rising.
If you have any questions about HELOC Loans,
Please email to email@example.com or call us: 1 (877) 789-8816.